Month: May 2020

Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book

Now that the weather is warming up and Covid-19 pandemic stay-at-home orders are lifting across the country, many people are antsy to get out there and travel after a brutal cooped-up spring. And while hitting the road may be a good idea for both the economy and the country’s collective mental health, it’s not risk

In 2016, after accumulating close to $1 million in savings, I quit my six-figure job in software development and retired at 35. A few months later, my wife Courtney joined me in early retirement. Not everyone will be able to retire in their 30s, but achieving financial independence is within grasp for many. It may

Like millions of people around the world, tidying expert and bestselling author Marie Kondo has spent the last few months working from home. To help her stay as productive and organized as possible, the wife and mom of two says she sticks to a strict routine to ensure that her work life doesn’t overlap with

On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than

Like Apple‘s, Google‘s and Amazon‘s founders before him, in 2013 Chieh Huang launched bulk grocery and household goods e-commerce company Boxed out of a garage — his parents’ two-car garage in New Jersey, to be exact. In 2018, Huang sold a minority stake in Boxed to Japan’s Aeon Group, in a deal that valued the company at $600

The former Calabasas, California home of Kylie Jenner is on the market for $3.6 million. The house is located in the exclusive Oaks neighborhood, where her mother, Kris Jenner, and sisters, Khloe and Kourtney Kardashian, also owned properties. In 2015, when she was 17, Jenner bought the house for $2.6 million. She sold it two years later

The coronavirus pandemic has impacted millions of Americans financially, with 2.1 million workers claiming unemployment benefits for the week ending May 23. In total, nearly 41 million people have filed for unemployment benefits since early March. While the effects of these job losses have impacted everyone, data from the Bureau of Labor Statistics shows that women are

Though the stock market is on the rebound of late as more and more states reopen, hedge fund billionaire Ray Dalio has made it clear that he expects the ongoing coronavirus pandemic to leave behind an economic downturn that could be the worst since the Great Depression. “We’re not going to go back to normal” once the pandemic subsides, Dalio

Martin Seay, president of the Financial Planning Association and chair of the Personal Financial Planning Program at Kansas State University. Financial Planning Association The coronavirus pandemic has forced businesses of all kinds to rethink how they work and interact with customers. Financial planning is no different. Martin Seay, president of the Financial Planning Association, perhaps

Everyone has their own way of relieving pandemic stress – Bethenny Frankel, for example organizes her home, while Kevin O’Leary takes long bike rides. For billionaire Bill Gates, reading and watching TV and movies helps “stem the tide” of anxiety amid the Covid-19 pandemic, he said in a blog post on May 18. “I’m often asked about what I am reading

Alex Sanchez, 25, has aspirations to be a millionaire by 30. And he’s on track: Sanchez earns more than $200,000 a year from his full-time job as an overhead lineman. However, he sees real estate as his path to wealth. Currently, he owns five rental properties around Chicago and rents them out to five families.

Former New York Giants running back Tiki Barber has been busy since retiring from the NFL after the 2006 season. Barber has been a TV and radio host, has launched several start-ups and has written a few books. He even starred in Broadway’s “Kinky Boots” and has become a marathon runner. The 45-year-old was constantly on the go.

A Popeyes fast food chain restaurant is seen on August 30, 2019 on a street of Washington D.C. Eric Baradat | AFP | Getty Images Even in the midst of a global pandemic, consumers still want Popeyes Louisiana Kitchen’s chicken sandwich. The chain’s parent company Restaurant Brands International said Thursday that Popeyes’ U.S. same-store sales soared more

Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch said Thursday its sales tanked 34% during the first quarter because of store closings during the coronavirus pandemic and people purchasing less apparel as they holed up at home. The Hollister owner’s

Box forecast annual revenue above analysts’ estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic. Box is the latest to signal the lift from firms increasingly using video conferencing and other remote work

Elon Musk is never one to shy away from setting ambitious goals. In fact, the billionaire’s most ambitious goal might just be the one he often talks about the most: going to Mars. On Wednesday, Musk and his private spacecraft company, SpaceX, nearly checked off a historic milestone that could put him another step closer

Tidying expert and bestselling author Marie Kondo is known for helping millions of people to transform and organize their homes. Through her company, KonMari Media, Inc., Kondo has provided clients around the world with the products, services and content needed to de-clutter their living space in order to “spark joy” in their life. Now, the

The coronavirus pandemic has impacted the physical and financial health of families around the world. In the United States, nearly 100,000 people have died and 38.6 million Americans have lost their jobs because of Covid-19. And as costs — such as the price of groceries — continue to rise, family budgets are being impacted. According

Papa John’s said Wednesday that May estimated same-store sales shot up 33.5% in North America and 7% globally as the pizza chain worked to meet soaring demand during the coronavirus crisis. “In May, for the second straight month, Papa John’s team members and franchisees delivered the best sales period in the company’s history,” CEO Rob Lynch

For the second time in 12 years, the U.S. economy and financial markets are facing an unexpected crisis of uncertain proportions. While the 2008 financial crisis and the current coronavirus pandemic are very different in character, both have produced extraordinary volatility in financial markets. Both downturns have also presented major challenges for financial advisors as they

Whether unemployed or still working, many Americans are looking for extra funds during the coronavirus pandemic. About 14% of those with retirement savings have taken money from accounts such as 401(k)s and individual retirement accounts to meet that need. Another 13% of those with savings say they’re planning to make use of their retirement funds.

Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk

An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter. As the broader fast-food industry has seen many of its customers return, Domino’s has

Jay Leno remembers watching Elon Musk unveiling Tesla’s new Cybertruck, which set the auto world abuzz, on television in November. But apparently there’s nothing like seeing Tesla’s first all-electric pickup with his own eyes. “I saw it on TV … but nothing strikes you until you see it in person,” Leno says in a new

Since late April, states across America have started to reopen, allowing for businesses to open their doors with restrictions. In states like Alabama, Colorado and Florida, for example, retail stores are able to reopen at limited capacity. In others, like Idaho and Kansas, gyms have reopened with precautions in place. But even when business owners get

While non-essential travel may be out for the foreseeable future, wanderlust is still going strong. Proof? These are the Airbnb rentals at destinations around the world that users have been saving the most on “wish lists” since the pandemic began. (Data was compiled by Airbnb from March 11 to May 4.) Singaraja, Bali, Indonesia This two-bedroom villa

Major League Baseball and its players are still negotiating the terms of a potential start to the 2020 season that likely won’t happen until early-July. In the meantime, with Covid-19 fears shutting down countless businesses and live events around the world, baseball-deprived fans have looked to South Korea, where that country’s professional baseball league, the

Brain coach Jim Kwik says billionaire Elon Musk hired him after they bonded over science fiction books like “Lord of the Rings” and Isaac Asimov’s “Foundation Series.” “I think leaders are readers,” Kwik tells CNBC Make It. After the Tesla and SpaceX CEO learned more about the work Kwik does — everything from teaching people

Americans love gift cards. And the U.S. is the world’s biggest market — by a long shot. The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row. In 2019 alone, U.S. consumers loaded up on gift cards from brands like Starbucks, Amazon and Home Depot